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15-17 Cessna Crescent Ballina, NSW 2478

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15-17 Cessna Crescent,
Ballina, NSW 2478

Showrooms & Large Format Retail

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Exceptional Freehold Investment - 7x5x5 Year Lease

Marvellous opportunity to acquire the Kimberley Kampers Stage II freehold on a sale and leaseback arrangement. Kimberley Kampers are the market leader in off road recreational accommodation and are widely recognised for their quality and innovation. Employing 86 people locally they have an ever increasing demand for their products both nationally and internationally. There is D.A. Approval to extend the shed a further 650m2 approx on the site with significant infrastructure already in place to allow for this, thus reducing the build cost when it's done.

Only 18 months old, this is a fantastic opportunity for the astute investor to secure a strong tenant, on a long lease, with a great return, significant deprecation allowances and development upside.
Building: Kimberley Kampers Factory/Showroom/Office 'Stage II'.

Built: 2012
Construction:
-Concrete tilt-up and colourbond walls
- Insulated colourbond roof
- Steel wall and roof framing
- Concrete re-inforced floor
- Linings/ceiling for showroom, office and amenities

Additional Features:
- Air conditioned office and showroom
- DA Approval for 650m2 approx. extension with infrastructure already in place
- Open Span Shed
- Separate male, female and disabled amenities
- Lunchroom
- 300amp 3-phase power
- 2 ingress/egress points
- Large hardstand storage area
- Security fenced

Building Area: 942m2 approx.
Quality Assurance Area: 38m2 approx.
Open Storage Area: 650m2 approx.
Land Area: 2,677m2 approx.
Lease: 7 years
Lease Commence: TBA
Option: 5 Years + 5 Years
Rent Review: Annually
Outgoings: Paid by Tenants
Returning: $177,500 + GST p.a.

Ballina, 2478 demographic data

The median household income for Ballina is $1,013, 29% lower than Regional New South Wales's household income of $1,434. Ballina has an older age profile compared to the rest of Regional New South Wales (median age 56 vs 43). Property ownership data shows 29% of property owners in Ballina have a mortgage.

9,735
Population
$1,013 per week
Median household income
56 years
Median age
Owners
Most residents
Families
Most households
04044426...
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15-17 Cessna Crescent
Ballina, NSW 2478
LJ Hooker - Ballina
89 River Street
BALLINA, NSW 2478

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